Wednesday, April 18, 2012

Which Car Holds Its Value Best?

If you read, maybe even follow Steve Lang's advice on car buying, the you know how important and hard it is to fight the dreaded depreciation of your car. The minute you drive it off the dealer's lot, it has lost a good chunk of its value. Some cars hold their value well, others not so much. Here are the best. 

Edmunds has sifted through its data and publishes the truly most valuable players in the field. Edmunds Best Retained Value® Awards recognize the brands and models that have the highest projected residual value after five years.

Honda is a multiple winner. Honda won the 2012 brand award for non-luxury makes for the second consecutive year. Its luxo-division Acura took home the luxury brand award for the first time. Honda's average projected retained value after five years is 47.9 percent, while Acura's average projected retained value after five years is 44.6 percent.

If you want a car that holds its value best, buy a truck. A Toyota Tacoma to be exact. After 5 years, it is projected to be worth 57.30 percent of its new car price. The Tacoma is followed by another truck, the Honda CR-V SUV with 54.6 percent.

2012 Best Retained Value Award Winners

Category Year Make Model Retained Value
Compact Truck 2012 Toyota Tacoma 57.30%
Convertible $35K-$45K 2012 Lexus IS 250 C 46.80%
Convertible Over $45K 2012 Ford Shelby GT500 46.50%
Convertible Under $35,000 2012 MINI Cooper 48.90%
Coupe $25K-$35K 2012 Ford Mustang 46.80%
Coupe $35K-$45K 2012 BMW 3 Series 44.00%
Coupe Over $45,000 2012 Ford Shelby GT500 47.50%
Coupe Under $25,000 2012 MINI Cooper 50.00%
Hybrid 2012 Honda Civic 46.10%
Large Heavy Duty Truck 2012 Ford F-350 Super Duty 48.60%
Large Light Duty Truck 2012 Ford F-150 48.40%
Sedan $20K-$30K 2012 Subaru Impreza 45.30%
Sedan $30K-$40K 2012 Lexus IS 250 46.30%
Sedan Over $40K 2012 Cadillac CTS 42.00%
Sedan Under $20,000 2012 Honda Civic 50.00%
SUV $25K-$35K 2012 Honda CR-V 54.60%
SUV $35K-$45K 2012 GMC Acadia 46.00%
SUV Over $45,000 2012 Acura MDX 44.20%
SUV Under $25,000 2012 Subaru Forester 44.60%
Vans 2012 Honda Odyssey 43.50%
Wagon $25K-$35K 2012 MINI Cooper Countryman 48.50%
Wagon Over $35,000 2012 BMW 3 Series 42.70%
Wagon Under $25,000 2012 Scion xB 47.30%


from The Truth About Cars http://www.thetruthaboutcars.com




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